PIXABAYBy Jenina P. Ibañez, Senior ReporterREAL ESTATE investment trusts (REITs) in the Philippines have raised P76.42 billion in new capital in almost two years since new rules took effect, the Department of Finance (DoF) said.The total market capitalization of REITs in the Philippines reached $3.46

MEMBERS of the Philippine Coast Guard evacuate residents of a flood-risk area in Cagayan de Oro City in the southern island of Mindanao on Dec. 16 as Typhoon Odette dumped heavy rains across several regions in the Philippines. — PCGDamaged health facilities, inadequate medicine and

THE Securities and Exchange Commission (SEC) has set the deadline for the filing of annual corporate governance reports (ACGR) to June 30.In a memorandum circular (MC) dated Dec. 31, the regulator said public companies (PC) and registered issuers (RI) must submit their ACGR covering January

Image via US Secretary of Defense/CC BY 2.0/Wikimedia CommonsWASHINGTON — The US Food and Drug Administration (FDA) on Monday authorized the use of a third dose of the Pfizer and BioNTech coronavirus disease 2019 (COVID-19) vaccine for children ages 12 to 15, and narrowed the

D.M. Wencleslao & Associates, Inc. (DMW) said it recently signed a contract of lease with membership shopping mart Landers for space at the listed property developer’s Aseana City Project.In a statement on Tuesday, DMW said Landers booked a 15,064-square meter parcel of land in its

COMPUTER-GENERATED representation of COVID-19 virions via Felipe Esquivel Reed / CC BY-SA THE following is a summary of some recent studies on coronavirus disease 2019 (COVID-19). They include research that warrants further study to corroborate the findings and that has yet to be certified by peer

BW FILE PHOTOTHE government rejected all bids for reissued seven-year Treasury bonds (T-bonds) on Tuesday as rates exceeded market expectations despite easing inflation.The Bureau of the Treasury did not accept any tenders for the reissued securities, which have a remaining life of six years and

By Luisa Maria Jacinta C. JocsonTHE Joint Foreign Chambers (JFC) of the Philippines said the government’s decision to rescind the ban on open-pit mining has been “a long time coming” and will encourage more investment.The JFC said in a statement that it “welcomed the terms

PHILSTARTHE National Water Resources Board (NWRB) issued an advisory to “conserve water whenever” after lower-than-usual levels at Angat Dam in Bulacan, the main source of water for Metro Manila.On Dec. 31, water elevation at the dam was 202.80 meters, significantly below the 212 meters considered

THE Local Water Utilities Administration (LWUA) said 181 water districts in the Visayas and Mindanao reported serious damage to their facilities as a result of Typhoon Odette (international name: Rai).The LWUA has dispatched six teams of engineers to the affected districts, it said in a

THE Manila Electric Co. (Meralco) said its forecast for peak power demand on the Luzon grid this year is 12,387 megawatts (MW), and invited power generators to supply about 170 MW to help the distributor meet dry-season demand.“Initial forecast is that Luzon will have a

THE Samahang Industriya ng Agrikultura (SINAG) estimated the volume of smuggled rice in 2020 at 300 million kilograms (kg), making it by far the most smuggled food commodity.SINAG’s estimate for smuggled chicken is 76 million kg, pork 45.5 million kg, onion 23.04 million kg, and